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Why are Poor People Poor?

Why are poor people poor? This is because poor do not know how to get rich. Poor think that making more money can make one rich. But this is not correct. One must attain financial independence first. Only after achievement ...

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How Much Money do I Need to Retire?

One day I asked to myself that how much money do I need to retire? I quickly realized that, more specific is the question better will be the answer. So I rephrased my question. Rs 5 crore is enough to ...

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Best Investment for Long Term

The passion for long term investment is falling? Google says average search volume for search term like day trading is 27,100 per month. Compared to this, average serach volume for search term long term investment is only 1,600 per month. ...

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How to Transfer Home Loan to SBI

Yuvraj carries home loan of AxisBank. Yuvraj was paying interest at rate of 10.75% on his homeLoan. Yuvrajrecently saw that State Bank of India (SBI) is offering home loan at interest at rate of just 10.15% p.a. He decided to ...

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Home Loan Interest Rate Cut in India

In January’15 RBI reduced repo rate by 25 basis points (0.25%). In March’15 RBI reduced repo rate again by 25 basis points (0.25%). In June’15 RBI reduced repo rate by further 25 basis points (0.25%). In last 6 months there ...

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10 Unknown Fact About Warren Buffett

Warren Buffett is one of the few investors who has achieved truly cult-like status. Fondly known as the “Oracle of Omaha” — a nickname well-deserved for his uncanny investing savvy — Buffett is the world’s fourth-richest person and is currently ...

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How to Buy Shares in India 2015

market price of XYZ rose to Rs 212 & decides to sell. The profit made in this transaction is Rs 12. This way of making money from shares is called capital appreciation. The capital appreciated is from Rs 200 to ...

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